Overview
What is German American Chamber Of Commerce Of The Midwest Inc?
The German American Chamber of Commerce of the Midwest Inc, based in Chicago, Illinois, serves as a bridge between American and German businesses involved in import and export activities. With a team of 61 dedicated professionals, they offer various informational services, such as connecting businesses, providing referrals for supply sources, and offering insights into tariffs, rates, and customs regulations. Their primary mission is to foster, enhance, and expand trade relations between Germany and the United States. This nonprofit organization acts as a valuable resource for businesses seeking to establish or strengthen partnerships across the Atlantic.
Official website here: www.gaccmidwest.org
Is German American Chamber Of Commerce Of The Midwest Inc legitimate?
German American Chamber Of Commerce Of The Midwest Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. German American Chamber Of Commerce Of The Midwest Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $619,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,707,998
For more financial information, click here
Official website here: www.gaccmidwest.org
What is the mission statement of German American Chamber Of Commerce Of The Midwest Inc?
The German American Chamber of Commerce of the Midwest Inc's mission is centered around promoting, improving, and expanding trade between Germany and the United States of America. This organization serves to establish connections between American and German import/export businesses, providing referrals for supply sources and offering valuable information on tariffs, rates, and customs regulations. By fostering these trade relationships, the chamber aims to strengthen economic ties between the two nations.
Official website here: www.gaccmidwest.org
Who is the CEO of German American Chamber Of Commerce Of The Midwest Inc?
Mark Tomkins is the President & of German American Chamber Of Commerce Of The Midwest Inc.
Official website here: www.gaccmidwest.org
What is the revenue of German American Chamber Of Commerce Of The Midwest Inc?
German American Chamber Of Commerce Of The Midwest Inc's revenue in 2022 was $11,013,625.
Official website here: www.gaccmidwest.org
Who are the executives of German American Chamber Of Commerce Of The Midwest Inc and what are their salaries?
The average compensation at German American Chamber Of Commerce Of The Midwest Inc during 2022 was $54,555. There are 61 employees and 20 volunteers at German American Chamber Of Commerce Of The Midwest Inc.
Here are 30 key members and their salaries:
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Official website here: www.gaccmidwest.org
Where can I find the form 990 for German American Chamber Of Commerce Of The Midwest Inc?
German American Chamber Of Commerce Of The Midwest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gaccmidwest.org
Learn more at the official website: www.gaccmidwest.org
Mission Statement of German American Chamber Of Commerce Of The Midwest Inc
The German American Chamber of Commerce of the Midwest Inc is dedicated to advancing, promoting, enhancing, and expanding trade relations between Germany and the United States of America. This nonprofit organization serves as a bridge, facilitating connections between American and German businesses involved in import and export activities. They actively provide referral services, linking US businesses with potential German partners, and offer valuable information on tariffs, rates, and customs regulations. By doing so, the German American Chamber of Commerce of the Midwest Inc plays a significant role in fostering stronger economic ties between the two nations, ultimately contributing to mutual growth and prosperity.
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Impact
October, 2024
The German American Chamber of Commerce of the Midwest Inc. plays a pivotal role in enhancing trade relations between Germany and the United States. By facilitating connections between U.S. and German import/export businesses, it serves as a vital resource for companies seeking to navigate international trade.
Through its informational services, the Chamber not only establishes contacts but also provides essential referrals for supply sources, helping companies find the right partners in both countries. Additionally, it offers valuable insights on tariff rates and customs regulations, empowering businesses to make informed decisions and streamline their operations.
By promoting and improving bilateral trade, the Chamber contributes significantly to economic growth in the Midwest region. It fosters a vibrant community of businesses engaged in international trade, ultimately driving innovation and competitiveness within the marketplace.
This information is meant to be a general summary of German American Chamber Of Commerce Of The Midwest Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $216
- Program Service Revenue: $8,912,452
- Gross Receipts: $11,013,625
Assets and Liabilities:
- Total Assets: $9,444,725
- Total Liabilities: $6,076,280
- Net Assets: $3,368,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GERMAN AMERICAN EVENTS, LLC
Revenue
$5,423,516
PROGRAMS & SERVICES
Revenue
$2,907,947
DUES AND ASSESSMENTS
Revenue
$274,006
MEMBER ACTIVITIES
Revenue
$202,629
PUBLICATIONS
Revenue
$63,505
Organization Details
Founding Year
1963
Phone
(312) 644-2662Principal Officer
Mark Tomkins
Main Address
150 NORTH MICHIGAN AVE 35TH FLOOR, CHICAGO, IL, 60601
Website
www.gaccmidwest.orgNTEE Category
Code: S41 - Community improvement
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